Bitget, a leading cryptocurrency exchange and Web3 company, has introduced the world’s first Real-World Asset Index Perpetual Contract, allowing traders to gain exposure to tokenised traditional assets such as Tesla, Nvidia, and Circle.
In a statement on Sunday, the new product, which went live recently, marks a step in bridging traditional finance and decentralised finance. The RWA Index Perpetual Contract is built on a composite of tokenised stock indices already circulating in the market, with each index containing one or more RWA tokens issued by third parties.
According to the company, the index structure allows for flexibility, as Bitget can dynamically add or remove index sources depending on factors such as market activity, trading volume, and liquidity.
The exchange said the model ensures fairness and transparency in pricing.
“Bitget, the leading cryptocurrency exchange and Web3 company, announced the launch of the industry’s first RWA (Real-World Asset) Index Perpetual Contract. This pioneering product, set to go live on August 20, introduces a new way for users to trade tokenised traditional assets, starting with selected RWA products including TSLAUSDT, NVDAUSDT, and CRCLUSDT,” the statement partly reads.
Trading of the contracts will run on a 5×24 schedule, closing on weekends and stock market holidays. During closure periods, market prices will remain frozen to prevent liquidation, while users will be allowed to add margin or cancel orders. Funding fees will also pause during market closures, resuming when trading reopens.
To manage risk, Bitget has capped leverage at 10 times, restricted the contracts to isolated margin mode, and applied position limits across the platform. The contracts will share similar mechanics and liquidation processes with existing crypto perpetuals, which the firm said will help reduce the learning curve for users.
The Chief Executive Officer of Bitget, Gracy Chen, described the launch as a milestone in the evolution of financial markets.
“With the world’s first RWA Index Perpetual Contract, we are slowly transitioning into a comprehensive ecosystem of all things finance. This product shows the platform’s advancement as compared to other players, as it enables traders with exposure to a modern and traditional range of asset classes, bridging the gap between TradFi and DeFi,” she said.
At launch, Bitget said its index pricing would draw from stock tokens issued on the xStocks platform, with plans to onboard additional trusted issuers soon. The company added that support for a broader range of RWA perpetual contracts on Bitget Futures would follow later this quarter.
